The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.

Warning signals are starting to flash in the market for junk debt, an indicator that investors are worried that companies with high debt loads could be at risk even if the U.S. economy avoids recession.

Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a global brand commanding a $47 billion valuation.

The world is moving toward a new short-term lending benchmark to replace the London interbank offered rate, but most companies surveyed by a consulting firm said they weren’t sure they will be prepared for Libor’s demise in two years..

The Gucci brand soared as it forged connections with hip-hop artists and streetwear influencers on Instagram and other platforms—but when it brought out a sweater likened to blackface, the momentum reversed.

The strikes on Saudi oil facilities likely would have a limited direct effect on the U.S. economy, but could result in higher gas prices, potentially exerting an additional drag on slowing global growth, economists say.

The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic that the Boeing 737 MAX would return to operations this year and that the first quarter of 2020 was more likely.

Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5% of global supply from the world's biggest crude exporter.

An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country's production capacity, making the United States the only real holder of the global supply cushion via its ability to raise own output or to soften sanctions against other major oil producers.

The Trump administration said on Saturday it stood ready to tap U.S. emergency oil reserves if needed after attacks in Saudi Arabia shut more than half the crude output in the world's largest oil exporter.

The United Auto Workers (UAW) said late on Saturday it would not extend its contract with General Motors Co and would decide on a course of action at a meeting of union leaders in Detroit Sunday morning that could result in talks resuming or possibly workers going out on strike.

U.S. Secretary of State Mike Pompeo blamed Iran for coordinated strikes on the heart of Saudi Arabia’s oil industry, saying they marked an unprecedented attack on the world’s energy supply. The strikes shut down half of the kingdom’s crude production, potentially roiling petroleum prices.

The United Auto Workers said late on Saturday that it will not extend its contract with General Motors Co that was set to expire in hours, but would continue to work pending a meeting of senior union officials.

BMW's engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen's Audi premium brand, after BMW dropped its opposition to his early departure, a German newspaper reported on Saturday.

Every evening when Muhammad Hamdoun gets off work in Istanbul, he scans the street for police who might identify him as a Syrian refugee and deport him back to Syria. “It seems our fate to always be hunted,” he says.

Taliban representatives have held talks with Russian officials in an apparent effort to restart discussions with the U.S., days after President Trump declared negotiations with the insurgent group dead.

Wells Fargo fired thousands of branch employees as it tried to deal with millions of potentially fake accounts—and now many of those former workers say they are effectively blacklisted from the banking industry.

Apple Inc said on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company's board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business.

United Parcel Service Inc has agreed to pay the United States $8.4 million to resolve allegations it overcharged federal agencies for package delivery services, the U.S. Justice Department said on Friday.

Apple Inc on Friday disputed a Goldman Sachs research note which stated that the company's plans to account for the trial of its new streaming service Apple TV+ will have a "material negative impact" on its results.

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday.

Some Wall Street analysts have begun to question whether Citigroup Inc's big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly.

President Trump quipped, “Where’s my favorite dictator?” while awaiting a meeting with Egyptian President Abdel Fattah Al Sisi during last month’s Group of Seven summit. The comment drew attention to an uncomfortable facet of the U.S.-Egypt relationship.

SoftBank plans to buy at least $750 million of the shares in WeWork’s impending IPO, a move that could allow the office-sharing company to shore up an offering that has been plagued by tepid investor demand.

SoftBank plans to buy at least $750 million of the shares in WeWork’s impending IPO, a move that could allow the office-sharing company to shore up an offering that has been plagued by tepid investor demand.

The U.K. exchange operator rejected a $36.6 billion bid from Hong Kong Exchanges and Clearing, saying it had “fundamental concerns” about the price and Hong Kong’s long-term future as a financial gateway.

Fannie Mae and Freddie Mac cranked out profits after the financial crisis, and Congress couldn’t come up with a good alternative to them. Now, the Trump administration has a roadmap for reprivatizing them.

I want to share with you how you have changed the life of a friend of mine and her mother.

I have been in your OTF room for several months now and have been analyzing your system and working on adapting it to my trading style. Early this summer my friend called me and shared that through a series of circumstances her mother's “nest egg” was now just $10,000. For her to stay in the assisted living community she has lived in the last 5 years she needed an additional $2,500 a month above what her mother's monthly income would cover. She asked if there was any way with $10k I could help. If not her mother would be out of savings in 3 months and looking at moving into a medicaid facility. She would have to leave the place she had called home for 5 years. The friendships she had made would be left behind as well. She is 85 and this was a devastating situation for her emotionally.

I told my friend that I did not think it would be possible for us to do anything with $10k that would help this situation. Then I started thinking about some of the ideas I had about adjusting your trading system for smaller accounts. After thinking this through I went back through your transcripts and charts for the previous months I had been in the OTF trading room. I back tested my ideas based on your system with my twist. Maybe this would work for my friend.

I called my friend. I said lets give this a try. I believed in my idea so much that I told her I would trade the account for 1 month, and, if it lost money I would return to her the full $10k. I didn’t want to add to the problem and I was confident in what I was seeing.

I am happy to share with you that June, July, August and now September the shortfall has been completely covered by the trading I have done, which is a hybrid of your system. The balance in the account is now in excess of the original balance. Let me say that in a different way.

In June I started with $10k. As of today Sept 6th we have paid out $10k to cover the shortfall of the assisted living residence for four months, AND we have an account balance in excess of the original balance. We accomplished this trading just ONE NQ Futures Contract on each trade setup. My friend and her mother are beyond grateful as am I. Thank you. You have changed the lives of complete strangers with your work and the generosity with which you share it.

I now have 4 months of real time data. The expectancy of this system is remarkable. The risk per trade based on the size of the account is well within the parameters I use for risk size. I am starting to use this system on a larger account with a bit more risk on. I am looking forward to analyzing those results over the coming months.

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